During the recent session, XP Inc. (NASDAQ:XP)’s traded shares were 0.44 million. At the last check today, the stock’s price was $19.35, reflecting an intraday gain of 1.26% or $0.24. The 52-week high for the XP share is $53.08, that puts it down -174.32 from that peak though still a striking 7.55% gain since the share price plummeted to a 52-week low of $17.89. The company’s market capitalization is $10.64B, and the average intraday trading volume over the past 10 days was 4.3 million shares, and the average trade volume was 4.56 million shares over the past three months.
XP Inc. (XP) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.20. XP has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 8 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.31.
XP Inc. (NASDAQ:XP) trade information
XP Inc. (XP) registered a 1.26% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.26% in intraday trading to $19.35 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is 1.38%, and it has moved by -10.58% in 30 days. Based on these gigs, the overall price performance for the year is -58.16%. The short interest in XP Inc. (NASDAQ:XP) is 12.49 million shares and it means that shorts have 2.14 day(s) to cover.
The consensus price target of analysts on Wall Street is $175.92, which implies an increase of 89.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $128.02 and $331.41 respectively. As a result, XP is trading at a discount of -1612.71% off the target high and -561.6% off the low.
XP Inc. (XP) estimates and forecasts
Statistics show that XP Inc. has outperformed its competitors in share price, compared to the industry in which it operates. XP Inc. (XP) shares have gone down -33.90% during the last six months, with a year-to-date growth rate more than the industry average at 15.52% against 2.30. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 6.90% this quarter and then drop -8.80% in the quarter after that. In the rating firms’ projections, revenue will increase 8.70% compared to the previous financial year.
Revenue for the current quarter is expected to be $608.88 million as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to $683.58 million by the end of Jun 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 78.90%. While earnings are projected to return 68.50% in 2022, the next five years will return 18.40% per annum.
XP Inc. is due to release its next quarterly earnings between August 01 and August 05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
XP Inc. (NASDAQ:XP)’s Major holders
XP Inc. insiders own 70.58% of total outstanding shares while institutional holders control 69.59%, with the float percentage being 236.54%. General Atlantic, L.P. is the largest shareholder of the company, while 401 institutions own stock in it. As of Mar 30, 2022, the company held over 50.54 million shares (or 11.91% of all shares), a total value of $1.52 billion in shares.
The next largest institutional holding, with 26.4 million shares, is of Price (T.Rowe) Associates Inc’s that is approximately 6.23% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $794.76 million.
Also, the Mutual Funds coming in first place with the largest holdings of XP Inc. (XP) shares are Europacific Growth Fund and Dodge & Cox International Stock Fund. Data provided on Mar 30, 2022 indicates that Europacific Growth Fund owns about 11.26 million shares. This amounts to just over 2.65 percent of the company’s overall shares, with a $338.85 million market value. The same data shows that the other fund manager holds slightly less at 10.51 million, or about 2.48% of the stock, which is worth about $316.4 million.